A Quick Guide To Business Credit Scores

Business Credit Score

You have put in the work, wrestled with long hours, and applied yourself thoroughly to start your own business. Your new company is your baby and the fruit of your time and effort. All too often, a business credit score can become overlooked or undernourished. What is a business credit score, and why is it […]

A Quick Guide To Becoming A Truck Driver in America

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“Truckin’ Got my chips cashed in Keep Truckin Like the do-dah man” That old 1970s Grateful Dead song by Jerry Garcia speaks to so many Americans whose daily lives are on the road. A truck driver’s salary depends on their experience, equipment, and if they are crossing state lines. However, regardless of the factors, this […]

How To Celebrate Holidays On The Road As A Truck Driver

Truck Drivers During Christmas Stay Safe

The holiday season is a time for joy, celebration, and new beginnings. Unfortunately, thousands of American truck drivers will be on the road this holiday season without family or loved ones present. Fortunately, there are many things you can do to embrace the festive spirit. Below, we have compiled a list of ways to celebrate […]

Why More Seniors Should Become Truck Drivers

Truck Driver

Truck drivers are the backbone of the American economy. They ensure all goods and services are delivered on time and with guaranteed quality. However, in a study published by the Bureau of Labor Statistics, the transportation industry lost 6% of its pre-pandemic labor force of 1.52 million workers, as reported by Yahoo News. To combat […]

Commonly Asked Questions About Freight Process Agents

Processing Agent

Does your company own a commercial vehicle to transport goods and property? Perhaps you have a brokerage and act as a conduit between shipper and carrier. Regardless, to obtain operating authority, you must be legally registered in all states in which you do business. The Federal Motor Carrier Administration (FMSCA) requires all motor carriers and […]

Owner-Operator Trucking Start-Up Costs

Big haul track behind. Man in uniform is working in the quarry at daytime

Due to the driver shortages in America, new trucking companies have ample opportunity to enter the shipping and freight industry and make an immediate impact. Perhaps you are a driver ready to jump from employee to entrepreneurship. Or maybe you have never been in the trucking industry but see the dollar signs in a career […]

Working Capital Finance: What Is It and How Does It Work?

Funds available after expenses are considered working capital or liquid cash. But what if you don’t have enough cash to run your business and grow simultaneously? In such instances, you can leverage the cash liquidity of other convertible assets (i.e., bearer bonds, accounts receivable).  You don’t want to miss opportunities due to cash flow! Boosting […]

What Is Notice of Assignment?

Notice

Invoice factoring is a growing trend amongst small and mid-sized businesses, set to grow by 8% each year. Factoring provides tremendous benefits to small businesses looking to increase cash flow and pay employees/bills on time. Notice of assignment is a critical feature in factoring, as it alerts both the business and the customer that the […]